Political risks have a greater impact on the U.S. currency than monetary policy - the dollar is falling despite rising yields on U.S. government bonds and expectations that the Fed will keep rates at the current level

"The political nightmare in the US is not over": the dollar is approaching its worst week since June

How can strengthening the exchange rate of the national currency by non-market methods, for example, by limiting currency trading and increasing the Central Bank rate, lead to the emergence of a black currency market and then to political and economic problems? Analyst of Arbat Capital Advisory Services Limited (UK) Alexey Golubovich analyzed this on the example of countries with tight monetary policy and currency control.

Currency Trap: What lessons can be learned from the monetary policies of Iran and Venezuela

The SOFIX index is up 18% YTD and near its highest level in almost 20 years

Bulgarian stocks were the world's best performers in terms of growth in 2026. What is the reason?

Despite the growth of the U.S. economy, market participants continue to bet on the weakening of the U.S. currency

The dollar is approaching its worst year since 2017. Why is the market betting against it?

The Bank of Russia <a href="https://t.me/centralbank_russia/3159">will abolish </a>limits on foreign currency transfers abroad for citizens of Russia and friendly countries from December 8. The regulator explained its decision by the stabilization of the situation on the domestic currency market.

Russia abolishes limits on foreign currency transfers abroad for citizens from December 8

The market is skeptical about the UK government's chances of closing the budget hole without harming the economy

Traders bet against the British pound ahead of the presentation of the country's draft budget

The year 2025 abruptly reversed the dynamics of the currency market: the dollar's exchange rate against the currencies of major U.S. trading partners, which had risen by 40% between 2010 and 2024, fell sharply. The first half of the year was marked by the strongest dollar <a href="https://www.morganstanley.com/insights/articles/us-dollar-declines">depreciation</a> in half a century, down 11% since 1973. In the following months, the nominal effective exchange rate <a href="https://fred.stlouisfed.org/graph/?g=1NxFg">recovered</a> about a quarter of the decline, while the real exchange rate <a href="https://fred.stlouisfed.org/series/RBUSBIS">remained</a> roughly flat at the end of the first half of the year.

The dollar under Trump has suffered its strongest decline in half a century. This may not be the end 

A weaker currency makes U.S. exports more competitive, which is good for stocks

"Once a trend starts, it's hard to stop": what to expect from the dollar after the recession

Morgan Stanley

Bank of America Corporation

JPMorgan Chase & Co.

The dollar has fallen more than 7% against major currencies and hit its lowest since 2022: undermining confidence in U.S. assets

"The euro is the new safe haven": traders are leaving the dollar because of duties and US policy

Investors are increasingly debating whether the dollar retains its role as a safe-haven asset in their portfolios